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A comment on The blockchain paradox: Why DLTs may do little to transform the economy. Parent comment

Re:The blockchain paradox: Why DLTs may do little to transfo... by nradov on Wednesday June 14, 2017 @03:13PM (#14555237)
Seriously? All that work just to save possibly 15%? And in reality the savings would be much less because someone has to pay to develop and support the app. You're going to have to come up with more realistic and compelling examples.

It also doesn't address compliance with laws on payments and money transfers. Regardless of what the anarchists might want, those rules aren't going away and will be enforced vigorously by many governments.

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Re:The blockchain paradox: Why DLTs may do little to transfo... by maxthegeek1 on Wednesday June 14, 2017 @04:11PM (#14555715)
15% is a lot.
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Re:The blockchain paradox: Why DLTs may do little to transfo... by aaron-lebo on Wednesday June 14, 2017 @06:29PM (#14556612)
Yeah, and people would rather give Steam a 30% cut than use their own distribution channels. Convenience and stability really, really matter.
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Re:The blockchain paradox: Why DLTs may do little to transfo... by nemo44x on Wednesday June 14, 2017 @08:23PM (#14557065)
Indeed they do! And that's where the value is.

Why can't a blockchain technology in a matter of years offer the same type of convenience and stability with a much lower price due to the decentralized nature of it all?

Right now they can't you're right. But there is no reason to believe with certainty they won't in the future. Of course they might not but I'd bet the other way by virtue of the plain as day benefit they offer motivating iterative improvement over the many coming years.

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